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Compensation & Benefits

Last Friday in September: Possible monkey wrench for student loan forgiveness, higher per diems and more

Two lawsuits have against student loan forgiveness, high-low per diem rates for 2023 and more.

2023 might be a banner year for pay raises

As Americans try to cope with the highest inflation rate in 40 years, employers plan to offer their workers an annual raise of 4%, according to a recent survey by Salary.com.

About time: Bill for truckers makes progress

A new bill, Guaranteeing Overtime for Truckers Act, would eliminate the overtime exemption of the FLSA and have truckers beeping their horns in celebration.

DOL awards back pay to hotel employee fired for reporting tip-related allegation

When a hotel employee complained about the franchise operator’s pay practices, she was fired two days later. But the story didn’t end there.

Oops: Honda overpays bonuses, employees need to return the cash

Imagine being a worker at the Honda plant in Marysville, Ohio, where some employees were overpaid bonuses, then asked to return the extra cash. This could easily turn into an HR and Payroll nightmare for any company that finds itself in this situation.

Great Resignation equals great time to create a compensation strategy

Low pay is the top reason employees are leaving companies in record numbers, according to a 2021 Pew Research Center survey. But close behind is the lack of opportunities for advancement. What if you could implement a compensation strategy to address both issues? It’s a win-win.

Paying attention to attendance policies

Assuring that workers show up for their scheduled shifts is crucial. one popular way is through a no-fault attendance policy that punishes unplanned absences beyond those protected by the FMLA, the ADA and the company’s vacation and sick time policies. But such policies can backfire.

Small employer alternatives to substantial wage increases

When employees consider new job offers, they typically compare the total compensation packages. Make the comparison easy by providing a clear summary of total compensation, including all benefits. If the bottom-line number needs to be higher, think creatively about new or enhanced benefits.

Survey sheds light on rising health-care costs

Cancer is the number one driver of large companies’ health-care costs, according to the Business Group on Health’s 2023 Large Employers’ Health Care Strategy and Plan Design Survey.

Pay time-and-a-half or pay the price

U.S. Department of Labor investigators found Done-Rite Tree Co. failed to pay overtime wages to 39 nonexempt workers in violation of the Fair Labor Standards Act.